Comment by roody15

Comment by roody15 11 hours ago

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I think you are correct here. If you want to look at the decline of the US ... this is perhaps a good place to start. Short term capital extraction little long term strategic planning. Maybe Cisco is a good example.. lets move all of our switch hardware production to China and still charge the consumer 3500$ per switch. Equals short term gain, makes lots of millinaires... and then just a few years later.. now Huawei makes excellent switches that are mostly on par with Cisco at a better price point.